Should I or should I not.. Tis the question

funkymunkeezfunkymunkeez Member Posts: 3
edited October 2015 in Cadillac
Hey people of the world. Quick question I need some opinions on purchasing a cash 2008 Cadillac SRX with 131,000 miles on it. Don't know allot about these vehicles but this one seems in great shape. Dealer is selling for 6500. I drive a 2006 Mazda 3 with 100k also in great shape. Is this a worthy substitute? I really like the SRX but I don't want my desires to cloud my judgement and I know my Mazda 3 will probably outlast the caddy. Your thoughts please

Answers

  • steverstever Guest Posts: 52,457
    The price sounds "right" when I look appraise it here. Our Consumer Reviews are mostly good (most cars these days are pretty reliable).

    The trick is avoiding the lemons. I suppose the dealer offered to show you a Carfax or AutoCheck?
  • henrynhenryn Houston, TXMember Posts: 3,261
    Cadillacs are expensive cars. Service and parts for a Cadillac, especially at the dealer, can be VERY expensive.

    I have owned several, presently have a 2006 DTS as my daily driver. But I purchased this one back in March of this year as a one owner new car trade in with only 35k miles. I don't think I would want to own a 7 year old, out of warranty used Caddy with 131k miles.
    2019 Chrysler Pacifica, 2013 Ford F150 XL
  • oldfarmer50oldfarmer50 Member Posts: 18,676
    I have to agree with henryn. 131k miles on any car is a repair bill waiting to happen. I've read that modern cars are designed to last 150k miles so that car is close to it's design lifetime limits.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

  • funkymunkeezfunkymunkeez Member Posts: 3
    Thank you guys for the imput. Steven yes she did offer for me to see the carfax. It has one owner and was taken care of. But I asked the mechanic and the ball bearings had to be replaced which is all that's been done to the car since 2008. Henryn and oldfarmer I appreciate the advice. I realize buying a cash car at any point is a gamble. I can't afford a new caddy but I love to drive them #poorpeoplebroblems
  • Mr_ShiftrightMr_Shiftright Sonoma, CaliforniaMember Posts: 64,482
    Well you might spring for a complete mechanical inspection and see what the car's immediate needs might be. Even if it's in great shape more or less, if say it needs tires, front brakes and has a leak of some sort here or there, that $6500 car becomes an instant $8000 car before you've driven it 100 miles.

    I figure a modern car is good for $175K--that's a statistical lifespan. So it's life is about 75-80% over.

    Price is fair enough. I'd say that the mechanical inspection would tip the balance one way or the other.
  • funkymunkeezfunkymunkeez Member Posts: 3
    Thanks for the tip I'll see about getting it inspected. That's a tough call though, sounds like even if it's in mint condition it won't be long before I'm car shopping again. 
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